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What is the firm disbursement float

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ABC Company writes 39 checks a day for an average amount of $1438 each. These checks generally clear the bank in 3 days. In addition, the firm generally receives an average of $5636 a day in checks that are deposited immediately.Deposited funds are available in 2 days. What is the firm's disbursement float?

Reference no: EM132144487

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